Studio Condo for sale at Diamond Tower

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U23689
Studio Bedroom
1 Bathroom
30 SqM Size
31 Floor
Jan 2022 Completed

About This Condo

This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the Diamond Tower project in Nong Prue, Pattaya and was completed in Jan 2022. You can buy this condo for a base price of ฿5,049,000 (฿168,300/SqM).

Invest in Sophistication: 30 SqM Studio at Diamond Tower, Nong Prue

This delightful 30 SqM studio condo is a great opportunity to invest in a property that is sure to see increases in value in the near future. A wonderful unit in the spectacular Diamond Tower project located in Nong Prue, Chon Buri, this sophisticated condo was completed in January 2022, offering buyers a brand new living space perfectly situated to take advantage of the exciting city living lifestyle.Featuring one bathroom, this well-appointed studio condo is available for sale at an excellent starting price of ฿5,049,000 (฿168,300/SqM). Its price per square meter makes it one of the most cost-effective investments in the entire project. With its ideal location, fantastic finishing touches and convenient facilities, it truly stands out from the crowd.Located at the heart of the city, Diamond Tower provides unbeatable access to some of the most sought after amenities. All the best shopping, dining and entertainment options are within easy reach, and with local beaches nearby you can look forward to a long hot summer of relaxation and fun.Those looking for an ideal place to call their own will find everything they need in this stylish yet affordable studio condo. Whether you're looking for the perfect base to experience the city lifestyle, or an investment opportunity with a fantastic return, this delightful unit is a fantastic choice for any buyer. Don't wait - enquire now for more information and make this terrific apartment yours.

Features

BalconyBalcony

Basic Information

Date Listed Feb 1, 2017
Updated 3 years ago
Property Type Condo
Floor 31
Bedroom Studio
Size 30 SqM
Price per SqM ฿168,300
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota, Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) N/A
Unit Type STU
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,500/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U23689

Price Analysis

Great Price
Estimated market value ฿6,339,197
Great
฿4,680,000
Good
Fair
Above
฿6,210,000
Current asking Price: ฿5,049,000
This condo is ฿1,290,197 BELOW MARKET (-20%) in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿5,049,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,500/mo

Project Details

Project Name: Diamond Tower
Construction: Completed (Jan 2022)
Floors: 40
Buildings: N/A
Units: 400
Project Area: N/A
Nearest Landmark Cozy Beach - 0.9 Km
Location: Nong Prue, Pattaya
Diamond Tower Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,500 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Diamond Tower the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Cozy Beach is the nearest Beach from Diamond Tower and it is 0.9 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Diamond Tower you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good design condo
Loria Mackinnon, Canada, 3 years ago
Would love to see this condo finish soon as it is well designed in elegant style. It comes with complete facilities from restaurants, gardens, swimming pools, gyms, jacuzzi to a bar. The residential units range from studio, 1 bedroom to 2 bedrooms with luxurious interiors, fully furnished with high-quality furniture. As for the location, it is in the Pratumnak Hill area, which can be called a prosperous area to find shops and restaurants nearby. The tourist attractions around the project are Phra Tamnak Hill, Big Buddha Temple, and Jomtien Beach. The price is not so high; it is worth investing in. I can't wait to see it.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Diamond Tower

Location
Number of units
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Year Built
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Project Name
Location
Number of units
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Project Name
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Location
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Number of units
221
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฿2.49M - ฿3.59M
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
245
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฿4.99M - ฿5.34M
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Year Built
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Completion Status
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Location
Nong Prue, Pattaya, Chon Buri
Number of units
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Location
Nong Prue, Pattaya, Chon Buri
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Sales Prices
฿7.98M
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Monthly Rentals
฿29.9K
Year Built
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Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
33
Sales Prices
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▼ -6.5% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Number of units
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Completion Status
Completed
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